Lucid Group shares are undervalued with growth potential

Lucid Group's stock has recently faced challenges, but experts believe it may still be a good time to invest. Currently, shares are trading at a low price compared to their potential growth. Lucid's valuation is at 7.3 times sales, which is not the cheapest, but it is lower than it has been in several years. The electric vehicle market started 2025 poorly. Companies like Tesla and Rivian saw significant declines in their stock values. Lucid Group also struggled, especially after its CEO left in February. Presently, Lucid's shares are cheaper than Tesla’s, but more expensive than Rivian's. Lucid is expected to grow its revenue by nearly 94% this year, while Rivian anticipates only 8% growth. Lucid's relatively low share price compared to Tesla's raises questions. Lucid is projected to have a growth rate six times higher than Tesla's for 2025, yet Tesla's stock is still valued higher. Tesla has strong brand recognition and financial strength, which adds to its premium. Despite risks, including the recent CEO change, Lucid appears to offer a unique opportunity. The introduction of its Gravity SUV is expected to significantly increase sales this year. Additionally, plans for more affordable vehicles in 2026 could help maintain high growth in the future. For investors willing to take risks, now may be a chance to buy at a low valuation.